Nepal Urged to Limit Development in Flood-Prone Areas Amid Climate Crisis

Insurance Khabar

६ घण्टा अगाडी

Kathmandu: A new report by World Weather Attribution has underscored the urgent need for Nepal to take proactive measures to mitigate the devastating impacts of climate change-induced flooding. According to the study, human-induced climate change made the recent heavy rainfall in Nepal 10% more intense, contributing significantly to the deadly floods and landslides that claimed[...]

Kathmandu: The Aviation Risk Management Conclave 2024, organized by Sagarmatha Lumbini Insurance (Salico) in association with Prudent Insurance Brokers, concluded on Monday at the Dusit Princess Kathmandu Hotel. Presenting on human error factors, Aviation safety expert, Dr. Narindra Taneja, explained how human factors result risk for aviation safety. He urged the stakeholders to abide by[...]

NIA Prohibits Insurers to Publicize News on Individual Claim Payment

Insurance Khabar

१ महिना अगाडी

Kathmandu: The insurance regulatory authority, Nepal Insurance Authority(NIA) has prohibited insurers to publicize news about the claim payment. The regulation section of NIA has instructed all insurers not to use the individual incident of claim payment as a means of propaganda. The circular issued by NIA mentions that some insurers have unnecessarily published the photo[...]

NEWS

Kathmandu: A new report by World Weather Attribution has underscored the urgent need for Nepal to take proactive measures to mitigate the devastating impacts of climate change-induced flooding. According...

Kathmandu: The Aviation Risk Management Conclave 2024, organized by Sagarmatha Lumbini Insurance (Salico) in association with Prudent Insurance Brokers, concluded on Monday at the Dusit Princess Kathmandu Hotel. Presenting...

Kathmandu: The insurance regulatory authority, Nepal Insurance Authority(NIA) has prohibited insurers to publicize news about the claim payment. The regulation section of NIA has instructed all insurers not to...

Kathmandu: Life insurance industry has faced a large number of policy surrender in the last financial year 2080-81. According to Nepal Insurance Authority, the insurance industry regulator, above 1,13,976...

Kathmandu: Nepal Insurance Authority (NIA) has issued Enlistment Guidelines for Foreign Reinsurers and Reinsurance Brokers 2024. The guideline aims to guide the process of enlistment of foreign reinsurers and...

Kathmandu: Nepal Life Insurance Company (NLIC) has defied the provision of investment directives issued by the Nepal Insurance Authority. It has been found that  NLIC’s board of directors involved...